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20120925
20121003
STATION
KQED (PBS) 12
KQEH (PBS) 6
KRCB (PBS) 6
WETA 6
WMPT (PBS) 5
LANGUAGE
English 35
Search Results 0 to 34 of about 35 (some duplicates have been removed)
PBS
Sep 27, 2012 4:30pm PDT
: violence erupting this week in spain and greece over government austerity measures are reminders the european debt crisis is far from solved. today, spain unveiled its 2013 budget, promising more big budget cuts as the government tries to reduce its heavy deficit. as turmoil and tension in the euro-zone escalates, there remain questions about the longevity of the euro currency. today, italian prime minister mario monti said he doesn't think any country will leave the union. erika miller reports from new york. >> reporter: as italian prime minister mario monti left today's event, he dodged reporters and walked straight to a waiting car. earlier at the forum, it was a different story. calm, cool and collected, monti stayed carefully on message. he made it clear italy is better off as part of the european union. >> the euro brought to italy a single currency, shared with all the others, that is very important economically. >> reporter: monti also emphasized the benefits of the common currency for other member countries, like germany. >> thanks to the euro, germany was able and is ab
PBS
Sep 24, 2012 7:00pm PDT
of increased government regulation that went into effect a year ago. frost started looking for ways to simplify fees five years ago. its basic account carries a $5 monthly fee. but like many banks, if the account balance is above a certain level, the fee is waived. >> we have found that this account that i just described to you is excellence at a fair price. we give the quality service and it's a fair price and we have found that our customers embrace it. >> reporter: evans puts the cost of new bank regulation on the industry at $13 billion, a cost that's being passed on to consumers. according to a new survey by bankrate, the percentage of free checking accounts offered by banks continues to drop, only 39% of non-interest checking accounts are available to all customers free of charge, that's down nearly 50% in the past three years. other banking fees are also on the rise: >> we continue to see pretty steady increases in the old standbys. things like atm fees and overdraft charges but even with regard to checking accounts. not only are more accounts charging fees now because of the decline in
PBS
Sep 26, 2012 4:30pm PDT
. the government says in august americans purchased new homes at a seasonally adjusted rate of 373,000. that was down slightly from july, but up nearly 28% from august of last year. subkowiak thinks many buyers were hoarding cash during the recession and are now eager to spend it on new homes on signs the overall economy is improving. but that increased demand has brought more competition for lots. >> now you have end users who are buying for themselves, you have other builders who are doing spec homes, so lot prices have gone up significantly in the last ten months. >> reporter: new home prices are also rising. the commerce department said last month alone they were up more than 11%. but while this is all good news for an economy that hasn't had much of it lately, morningstar economist robert johnson says the market still has to make up a lot of lost ground. >> if you look at housing starts at the peak we were over two million starts. i'd say based on population the number should have been about a million ana half. now we're down around 750,000 in terms of housing starts so we're
PBS
Oct 1, 2012 4:30pm PDT
, but not on any resolution to the scheduled tax increases in government spending cuts. the nonpartisan tax policy center figures taxeses will go up by almost $3500 per household next year if certain tax cuts are allowed to expire. the report says 90% of households would see higher federal taxes. you can learn more about the fiscal cliff and why it matters, go to our website: www.nbr.com. nokia is on track to team up with major software-maker oracle. the finnish cell phone company is giving oracle access to its mapping services. financial details of the deal were not disclosed. but the move comes as nokia recently signed mapping deals with groupon, and amazon. last week apple's c.e.o. apologized for the shortcomings of its new map service. >> susie: and american express has agreed to pay millions of dollars in refunds to settle accusations from regulators that it deceived customers. the violations include: unlawful late fees, misleading consumers about debt collection, and age discrimination. amex will pay more than $100 million in fines, and give payouts to about 250,000 customers. consumers that
PBS
Sep 28, 2012 4:30pm PDT
government has designated as systemically important? >> reporter: new rules may also push cash into unregulated investments or bank accounts. >> and putting even more money into the banking system and more burdens onto its insurance system seems to me the opposite direction from the way we want to be going when we are trying to solve the too big to fail problem. >> reporter: during the financial crisis, the treasury was forced to guarantee money market funds, a risk it doesn't want to take again. darren gersh, "nightly business report," washington. >> tom: u.s. stocks ended their best quarter today since 2010, despite some weakness today. investors locked in profits today after another set of disappointing economic data. a measure of business activity in the midwest fell to 49.7 in septmber from 53 in august, the first such contraction in three years. and a national gauge of consumer sentiment slipped to 78.3, after registering 79.2 earlier in the month. meanwhile, spain's banks got a passing grade on its stress test but that wasn't enougto put wall street's european worries to
PBS
Oct 2, 2012 4:30pm PDT
. >> reporter: but government auditors report most federal job-training programs have not done the expensive studies needed to determine whether or not they are effective. and those that have done impact studies find only small or short-term benefits from job training. >> which i think is remarkable that, after five decades, that the main federal auditor, the g.a.o., can't really find that these programs work really well at all. >> reporter: but governor romney still talks up job training. he backs personal reemployment accounts that workers can use to find training and job counseling. and he wants states to take the lead, not the federal government. there are now 47 different federal training programs, and romney calls that duplication a waste. >> all that money, all that overhead-- what i want to do is take those dollars and bundle it up, send it back to nevada and say, "you train your people for the jobs the people of nevada need and want." >> reporter: most of those 47 programs are very small and they're aimed at groups like veterans arans and the poor. governor romney would replace them
PBS
Sep 25, 2012 4:30pm PDT
agency would not help restructure greek government debt. also weighing on stocks today, high anxiety about third-quarter earnings. u.s. corporate profits have outpaced the broader economy since the end of the great recession, but profits warnings yesterday from caterpillar, and recently from intel, fedex and burberry, suggest the boom in earnings is finally beginning to fizzle. suzanne pratt takes a closer look at how the numbers are shaping up for third quarter and beyond. >> reporter: the start of reporting season for corporate america is still two weeks away, but already on wall street, the worrying about profits is heating up. and it sounds like investors have good reason to be nervous. after all, analysts predict companies in the s&p 500 will see earnings drop an average of 2% in the third quarter. if that happens, it will be the first such decline in three years. tough comparisons are partly responsible, as last year's third quarter was one of the best ever. on top of that, however, global demand remains weak. >> i think we're just seeing a lot of issues finally mounting, thing
Search Results 0 to 34 of about 35 (some duplicates have been removed)